SHORE BANCSHARES INC (SHBI)
US8251071051 - Common Stock
Overall SHBI gets a technical rating of 0 out of 10. SHBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SHBI is a bad performer in the overall market: 86% of all stocks are doing better.
SHBI is part of the Banks industry. There are 411 other stocks in this industry, of which 92% are performing better than SHBI.
SHBI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHBI is lagging the market.
In the last month SHBI has a been trading in the 10.06 - 11.90 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, SHBI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.03, a Stop Loss order could be placed below this zone.
More info and screens
9.80
12.76
When analyzing the support we notice one important area.
- A support zone ranging from 9.90 to 10.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.60 to 10.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.45 to 11.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.72 from a horizontal line in the daily time frame.
- Resistance @12.63 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.72
Mansfield-1.84
10 Day High10.81
10 Day Low10.06
20 Day High11.9
20 Day Low10.06
52 Week High14.51
52 Week Low9.66
Performance
1 Week0.96%
2 Weeks1.64%
1 Month-8.43%
3 Month-23.47%
6 Month3.44%
12 Month-20.71%
2 Year-47.69%
3 Year-37.47%
5 Year-33.48%
10 Year10.96%
15 Year-45.69%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)44.04
LBB9.97
UBB10.92
SHORE BANCSHARES INC
NASDAQ:SHBI (4/26/2024, 7:15:58 PM)
After market: 10.53 0 (0%)10.53
-0.05 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.47%
1 Week0.96%
2 Weeks1.64%
1 Month-8.43%
3 Month-23.47%
6 Month3.44%
12 Month-20.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%2.87%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.81
10 Day Low10.06
20 Day High11.9
20 Day Low10.06
52 Week High14.51
52 Week Low9.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume49.80K
Volume Incr1.36%
Vol(5)74.80K
Vol(50)78.84K